Button CopyPathCircle CloseCircle Left ArrowArrow Down Icon GreyClosecirclecircleBurger
  • Advertising

5553 45 Avenue, Red Deer, AB, T4N 1L2

MLS® # A2296157
Commercial For Sale In Waskasoo, Red Deer, Alberta
$919,000

None Beds

5553 45 Avenue, Red Deer, AB - Outdoor With Facade
5553 45 Avenue, Red Deer, AB - Outdoor
5553 45 Avenue, Red Deer, AB - Outdoor
5553 45 Avenue, Red Deer, AB - Indoor Photo Showing Basement
5553 45 Avenue, Red Deer, AB - Indoor Photo Showing Basement
5553 45 Avenue, Red Deer, AB - Outdoor With Exterior
5553 45 Avenue, Red Deer, AB - Indoor Photo Showing Other Room
5553 45 Avenue, Red Deer, AB - Indoor Photo Showing Kitchen
5553 45 Avenue, Red Deer, AB - Indoor Photo Showing Bathroom
5553 45 Avenue, Red Deer, AB - Indoor Photo Showing Other Room
5553 45 Avenue, Red Deer, AB - Indoor
5553 45 Avenue, Red Deer, AB - Indoor Photo Showing Other Room
5553 45 Avenue, Red Deer, AB  - Outdoor With Facade
5553 45 Avenue, Red Deer, AB  - Outdoor
5553 45 Avenue, Red Deer, AB  - Outdoor
5553 45 Avenue, Red Deer, AB  - Indoor Photo Showing Basement
5553 45 Avenue, Red Deer, AB - Indoor Photo Showing Basement
5553 45 Avenue, Red Deer, AB - Outdoor With Exterior
5553 45 Avenue, Red Deer, AB - Indoor Photo Showing Other Room
5553 45 Avenue, Red Deer, AB - Indoor Photo Showing Kitchen
5553 45 Avenue, Red Deer, AB - Indoor Photo Showing Bathroom
5553 45 Avenue, Red Deer, AB - Indoor Photo Showing Other Room
5553 45 Avenue, Red Deer, AB - Indoor
5553 45 Avenue, Red Deer, AB - Indoor Photo Showing Other Room
  • Advertising
5553 45 Avenue, Red Deer, AB, T4N 1L2
$919,000

Property Information:

Great opportunity for the savvy investor! This well-maintained building features six 2-bedroom suites. Live in one suite while generating income from the others, or rent out all six units for strong cash flow.The roof was redone in 2010 with durable 2-ply torch-on roofing. Ideally located in an easily accessible neighborhood close to schools and just minutes from downtown, making for a convenient commute.Numerous building and unit upgrades have been completed over the years, including a hot water tank (2023) and boiler (2025). A solid investment opportunity you won’t want to miss!

Inclusions: N/A

Property Features:

  • Built in: 1960
  • Floor Space (approx): 5090.00 Square Feet
  • Lot Size: 11200.00 Square Feet
  • Zoning: R-M

Courtesy of: CIR Realty

Data provided by: Central Alberta REALTORS® Association 4922 45 St., Red Deer, Alberta T4N 1K6
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

Location of 5553 45 Avenue, Red Deer, AB, T4N 1L2

Demographic Information of 5553 45 Avenue, Red Deer, AB, T4N 1L2

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$113,475.84

Average Number of Children

1.50

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

21.4 %

High school certificate or equivalent

31.56 %

Apprenticeship trade certificate/diploma

6.51 %

College/non-university certificate

25.5 %

University certificate (below bachelor)

0.16 %

University Degree

14.87 %

Commuter

Travel To Work

By Car

83.06 %

By Public Transit

5.19 %

By Walking

9.96 %

By Bicycle

0.0 %

By Other Methods

1.79 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

63.24 %

Houses

36.76 %

Own Vs. Rent